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| Author: |
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Fred |
| Date: |
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April 24, 2003 |
| Question: |
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I understand you are allowed to keep certain things when going through bankruptcy. How would a video collection fit in to this scenario?
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From: |
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Ann Clarke, Alger & Associates Inc. |
| Date: |
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April 24, 2003 |
| Answer: |
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Depending on the extent and value of the collection, your Trustee would either consider it to be a personal effect or would have to realize on it for the creditors, likely by having you pay its value into the estate.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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